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What is Demand Management in Supply Chain Management? PDF | Download eBooks

Learn Demand Management definition in supply chain management with explanation to study “What is Demand Management”. Study demand management explanation with SCM terms to review supply chain management course for online MBA programs.

Demand Management Definition

  • An approach to medium-term capacity management that attempts to change or influence demand to fit available capacity..

    Operations Management by Nigel Slack, Alistair Brandon-Jones, Robert Johnston

Demand Management Explanation

Demand management is an arranging strategy used to gauge, plan for and deal with the interest for items and administrations. This can be at full scale levels as in financial matters and at smaller scale levels inside individual associations. For instance, at large scale levels, an administration may impact loan fees so as to control monetary interest. At the miniaturized scale level, a phone specialist co-op may give free night and end of the week use so as to diminish request during pinnacle hours. Request the executives has a characterized set of procedures, capacities and suggested practices for organizations that produce products and enterprises. Shopper hardware and products organizations regularly lead in the use of interest the board practices to their interest chains; request the executives results are an impression of approaches and projects to impact request just as rivalry and choices accessible to clients and customers. Compelling interest the executives pursues the idea of a "shut circle" where criticism from the aftereffects of the interest plans is nourished once more into the arranging procedure to improve the consistency of results.

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